Broker
nounA person who arranges transactions between a buyer and a seller in return for a fee or commission.
How to spell broker
6 letters · 2 syllables
How to pronounce broker
Say the part in capitals loudest.
What does broker mean?
- nounA person who arranges transactions between a buyer and a seller in return for a fee or commission.
- verbTo arrange or negotiate an agreement or settlement between parties.
Broker in a sentence
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noun
The insurance broker compared three policies before recommending one.
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verb
The two firms asked a lawyer to broker a fair settlement.
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noun
She hired a mortgage broker to find a better interest rate.
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verb
Diplomats worked late to broker a ceasefire between the sides.
Where does broker come from?
Language of origin: French
Broker entered English in the 1300s from Anglo-Norman French brocour, a word for a retail dealer or middleman, especially a seller of wine. The most widely accepted explanation links it to the Old French verb brochier, meaning 'to broach' or 'to tap a cask', so the earliest broker was literally someone who opened a barrel to sell wine by the measure. From that humble trade the sense broadened to any agent who arranges deals between a buyer and a seller for a fee, which is why we still speak of a stockbroker, an insurance broker, or a mortgage broker today. The verb sense, meaning to negotiate or arrange an agreement, grew naturally out of the noun and became common much later. The spelling keeps the older -er agent ending rather than -or, which is the small trap for writers who expect the more Latin-looking 'brokor'.
How the word is built
- brok- (from Anglo-Norman brocour: a retailer or middleman, originally one who broaches a cask)
- -er (agent noun suffix)
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